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The Populism-Neoliberalism-Nexus

Abstract

The objective of this essay lies in an exploration of the nexus between populism and neoliberalism. More specifically, I will try to explore if the overlapping appearance of the two phenomena is rather a coincidence or if neoliberal rationality produced favourable conditions for populism as it appears since the late 1980s. I will argue that there are at least three common elements of three strands of approach for a definition of populism that each relate and connect with neoliberalism to a certain degree. The argument is thus twofold: First, I argue that, despite considerable disagreement in scholarly research on the definition of populism, there are common elements which are of analytic use. And secondly, I argue that the common elements of conceptualisation of populism that I found all somehow connect to neoliberalism.2 In sum, the argument points to the creation of favourable conditions by neoliberal rationality to the appearance of a new wave of populism.

Key takeaways

  • Furthermore, the interest in the relation of neoliberalism and liberal democracy constitutes a striking similarity to the concept of populism, as mentioned above.
  • The derogatory reference to 'ordinary folks' aside, these two conceptualisations of a certain mode of performance of populists point to a common element in all three strands presented above and will be of importance in interpreting populism in the context of the neoliberalism.
  • As it would exceed the scope of the paper to elaborate on a fuller historical background, the remainder of this chapter will deal with a more general conceptualisation of neoliberalism as it will be used to analyse the nexus between populism and neoliberalism.
  • Another example of filling in content is one that relates to the ontological structural approach to the definition of populism and has to be seen as most strongly connected to the actual sense of crisis within neoliberal rationality as argued above.
  • It has been argued that neoliberalism, understood as a rationality in a Foucauldian sense, has an impact on all three common elements of understanding populism and can thus be understood as a context which produces conditions favourable to an emergence of a new wave of populism.